Real Earths Norway
REN was established in 2016 and has two owners: Hustadlitt AS and Brennebu AS. Hustadlitt is a holding company with majority ownerships in REN and in Norsk Mineral as. Norsk Mineral has diversified operations within minerals, renewable industry and real estate, nomin.no. Brennebu AS is a holding company located in the community adjacent to the Fen deposit. Brennebu AS is a holding company located in the municipality where the Fen deposit is located. The owners of Brennebu have been active in local industry development since the seventeenth century with investments in iron mining and processing at Ulefoss, home to one of Europe’s oldest industrial companies, Ulefos Jernverk.
As capital expenditure is moderate the first 2-3 years, it accelerates after that, covering the Feasibility phase involving extensive drilling and R & D activities for beneficiation and hydrometallurgy. The first years in the initial stage, the staff is hired from Norsk Mineral, a sister company of REN and part of the Hustadlitt Group. At later stage, own staff will be employed.
The Quartz Corp is the result of a joint venture with the French company Imerys. TQC is a leading global supplier of high-purity quartz used in advanced technologies such as semiconductors, fibre optics and solar panels.
Hustadlitt is a private, family-owned company with more than 70 years of experience within the mineral industry and has developed several complex businesses in international markets. A key success factor has been to establish and maintain strong partnerships. Some relevant examples are Hustadmarmor which was developed in partnership with the Swiss company Omya and became the world’s largest pigment producer for the paper industry. The Quartz Corp developed in joint venture with the French company Imerys which has become a leading global supplier of high purity quartz used in advanced technologies such as semiconductors, fiber optics and solar panels. Brønnøy Kalk has its business within calcite marble mining with annual supply of ~2 million tonnes with strong focus on sustainable mining and innovative solutions.